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#2 2008-07-01 4:20 pm
- Fried Chicken
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- From: Good question - keeps changing
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Re: Mac market at all-time high?
Yay... now when do I buy apple stocks?
Just because something is legal, doesn't mean it's right. Just because something is illegal, doesn't mean it's wrong.
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#3 2008-07-01 4:34 pm
- Shadowless
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Re: Mac market at all-time high?
Fried Chicken wrote:
Yay... now when do I buy apple stocks?
10 years ago...
::cringe:: WHY?! Why did I not act on impulse back then?!
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#4 2008-07-01 6:23 pm
- Jonski
- System Lord
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Re: Mac market at all-time high?
Shadowless wrote:
10 years ago...
::cringe:: WHY?! Why did I not act on impulse back then?!
And what were they in ’98 - $12 each?
Bwahahahaha!!! $$$$$$$
... oh, wait... me neither! 
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#5 2008-07-01 6:34 pm
- Pariah
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Re: Mac market at all-time high?
If I had had the money ten years ago I would have invested. I never doubted that Apple would take off someday.
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#6 2008-07-01 6:39 pm
- D'Eyncourt
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Re: Mac market at all-time high?
I didn't buy in '97 because had I done so Gil Amelio would still be CEO of Apple...or, at least, would have been when Apple Corp. got bought out by Michael Dell in 2002 for $0.78/share.
And, yes, the universe does revolve around me...why do you ask? 
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"I think the question now is not whether you went to Vietnam or whether you didn't, whether you fought in the war or fought against the war. I think the only question is whether we can find a president smart enough never to make a mistake like that again"--Molly Ivins, way back in 1992
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#7 2008-07-01 9:59 pm
- nayrk
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Re: Mac market at all-time high?
I bought stock in em way back when. My parents would double whatever I invested from the money I got from paper routes, mowing lawns, and stuff... I <3 my parents.
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#8 2008-07-01 11:56 pm
- kamizuno
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Re: Mac market at all-time high?
AHHAHAHHAHAHAHA, my AAPL stock is worth 16X what I paid for it, my only regret is that I didn't have the balls to invest at $14 
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#9 2008-07-02 3:48 am
- JediKnightChewie
- eternal n00b
- From: far from home
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Re: Mac market at all-time high?
Not even ten years ago. I bought it like 4 years ago and its still worth a LOT more then what I paid for it. 
the c00ki33 0wns J00!
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#10 2008-07-02 9:27 am
- user
- Aw, he's no fun, he fell right over.
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- Registered: 2001-10-15
- Posts: 13553
Re: Mac market at all-time high?
Yeah, I really wanted to buy in right after Steve debuted the iMac, but I was seriously broke back then.
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#11 2008-07-02 9:58 am
- Ribtorus
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- Registered: 2002-07-11
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Re: Mac market at all-time high?
I bought a lot of Apple shares when there was so much hand wringing over Motorola's output. Apple was poised for failure or profit. I bet on profit.
Now's the time to think about reducing one's shares in Apple and similarly marketed companies.
Caesar et erat forti, Brutus et sum jam,
Caesar sic in omnibus, Brutus sic intram
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#12 2008-07-02 5:16 pm
- Czachorski
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Re: Mac market at all-time high?
kamizuno wrote:
AHHAHAHHAHAHAHA, my AAPL stock is worth 16X what I paid for it, my only regret is that I didn't have the balls to invest at $14
Remember too, they split once since they were at $14.
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#13 2008-07-02 5:30 pm
Re: Mac market at all-time high?
Pariah wrote:
If I had had the money ten years ago I would have invested. I never doubted that Apple would take off someday.
Same here, I wanted, but just didn't have the means. Too bad.
The moment isn't now anyway.
ps: didn't they split twice?
Last edited by pirloui (2008-07-02 5:31 pm)
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#14 2008-07-02 10:08 pm
- thumbprint
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Re: Mac market at all-time high?
I did a calculation about a year ago and figured out that if I had bought $10,000 worth of AAPL stock when I was in college (around 1995-1997ish)... it would be worth almost $200,000 now.
I could've retired very early. Seriously.
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#15 2008-07-03 9:24 am
- Goat on Parade
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Re: Mac market at all-time high?
D'Eyncourt wrote:
I didn't buy in '97 because had I done so Gil Amelio would still be CEO of Apple...or, at least, would have been when Apple Corp. got bought out by Michael Dell in 2002 for $0.78/share.
Gil saved the company, Steve got the credit.
Last edited by Goat on Parade (2008-07-03 9:24 am)
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#16 2008-07-03 12:02 pm
- Jyri Erik
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- From: Greenbelt, MD
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Re: Mac market at all-time high?
Goat on Parade wrote:
Gil saved the company, Steve got the credit.
Based on what each of them did, it was more like Steve saved the company, Gil claimed the credit after Steve saved Apple. Name anything Gil actually did besides cutting costs.
Jyri
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#17 2008-07-03 12:15 pm
- Goat on Parade
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Re: Mac market at all-time high?
Secured finances (Apple had no liquidity when Gil got the job), cut costs (Apple was bloated), restructured management (Apple had a bad structure), gave management balls (got rid of Yes Men), cleaned up some R+D and production and product messes (Spindler was a moron), got the OS back on track (Copland was going nowhere), BROUGHT STEVE BACK, etc etc etc.
Steve got a recovering company, Gil got the evil eye from a bunch of retarded know-nothing fanbois.
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#18 2008-07-03 1:23 pm
Re: Mac market at all-time high?
The move from 68K to PPC, move from SCSI to IDE, the failed clone experiment, buying Next Computer in the process retaining Steve Jobs, stepping down.
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#19 2008-07-03 1:34 pm
Re: Mac market at all-time high?
Goat on Parade wrote:
Secured finances (Apple had no liquidity when Gil got the job), cut costs (Apple was bloated), restructured management (Apple had a bad structure), gave management balls (got rid of Yes Men), cleaned up some R+D and production and product messes (Spindler was a moron), got the OS back on track (Copland was going nowhere), BROUGHT STEVE BACK, etc etc etc.
Steve got a recovering company, Gil got the evil eye from a bunch of retarded know-nothing fanbois.
I wouldn't go that far. He had stopped it from sinking but it was no means seaworthy.
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#20 2008-07-03 4:07 pm
- Czachorski
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Re: Mac market at all-time high?
thumbprint wrote:
I did a calculation about a year ago and figured out that if I had bought $10,000 worth of AAPL stock when I was in college (around 1995-1997ish)... it would be worth almost $200,000 now.
I could've retired very early. Seriously.
Amazing how their stock has gone up that much, while simultaneously providing so little value above the sum of their parts and charging too much, according to you. 
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#21 2008-07-03 6:41 pm
- Bat
- The Man From Larrabee
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Re: Mac market at all-time high?
Well, life's funny that way. There was once this fella, name of P.T. Barnum, and he...
...well, you know. Did fairly well for himself, I think.
Cogito ergo pwnum.
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#22 2008-07-04 12:14 am
- Jyri Erik
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- From: Greenbelt, MD
- Registered: 2001-04-21
- Posts: 2394
Re: Mac market at all-time high?
Goat on Parade wrote:
Secured finances (Apple had no liquidity when Gil got the job),
cut costs (Apple was bloated),
restructured management (Apple had a bad structure), gave management balls (got rid of Yes Men),
cleaned up some R+D and production and product messes (Spindler was a moron),
got the OS back on track (Copland was going nowhere),
BROUGHT STEVE BACK, etc etc etc.
Steve got a recovering company, Gil got the evil eye from a bunch of retarded know-nothing fanbois.
Fred Anderson was the CFO, not Gil. Finances wasn't Apples problem. Spending was.
I mentioned the second.
While every CEO restructured management, I'll admit it was an improvement over Spindler.
And put his own Yes Men (and Women) in their places.
Cleaned it a bit, but still had a ways to go. From 11 to 7 motherboards IIRC. Not to mention having the company trying to go in three directions at once (Newton/Mac OS/Rhapsody)
Rhapsody didn't exactly go anywhere either. It had a limited release as OS X Server and was then killed and replaced with "pure" OS X.
I believe that was my point.
The Apple Steve got wasn't doing all that well. Still bleeding money like mad.
Jyri
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#23 2008-07-04 8:20 am
- Goat on Parade
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Re: Mac market at all-time high?
I didn't say they were doing well, I said they were recovering.
Apple had a huge financial problem when Gil stepped in. They were running out of cash.
No, Gil wasn't some perfect CEO. He had his flaws. He gave people and technologies more chances than they deserved. He didn't have the right connections in the biz, and was basically bullied by other CEOs, and by the media. But he did point Apple on the right path, he left Apple in a much better state than it was when he joined, and he deserves a lot more credit for this than people give him.
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#24 2008-07-04 9:01 am
Re: Mac market at all-time high?
Gil's actions were enough to get it to where it could be fixed. It wasn't really showing recovery but it wasn't massively hemorrhaging either. If it maintained his course, Apple would had at best be in the same weak position as it was when he was there or at worst it would have till slowly died.
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